New tobacco taxes predicted to generate US$53mil for Cambodia


PHNOM PENH (The Phnom Penh Post/Asia News Network): The Ministry of Economy and Finance has taken the step of rolling out new guidelines to standardise value-added tax (VAT) for businesses involved in importing and distributing cigarettes.

This move, hailed by health experts, comes into effect from August 1 and aims to ensure a consistent and transparent application of VAT.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Cambodia , tobacco , tax

Next In Aseanplus News

One dead, 102 rescued from stricken ferry off Indonesia's Java: officials
‘Pacific drugs highway’: Australia’s new plan to target cocaine traffickers moving through islands
Fifth victim from 11-vehicle LPT accident dies, almost two weeks after crash
A 5.1-magnitude quake hits 101 km south of Yudomari, Japan: USGS
Ringgit expected to trade in tight range against US dollar next week
Chinese school restricts students to one bathroom break per term during class, sparks probe
Kuantan trader loses over RM300,000 to scammers
RM100,000 raised for Penang busker Uncle Robert's wife cancer treatment
South Korea to consult with Nepal on resumption of search, rescue efforts
Cops probe 15-year-old girl's death after fall from apartment

Others Also Read